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Tytuł artykułu
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Warianty tytułu
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Abstrakty
Objective: The main objective of this paper is to verify empirically the relationship between various forms of innovation and export performance of firms from European and Central Asian (ECA) countries.
Research Design & Methods: In our empirical approach we refer to the self-selection hypothesis derived from the Melitz (2003) model which proposed the existence of a positive relationship between firm productivity and the probability of exporting. We argue that innovation activities should be regarded as a key element that can increase the level of firm productivity. We focus our analysis on four forms of innovation activities: product, process, marketing, organizational and managerial innovation. The empirical implementation of our analytical framework is based on the probit model, applied to the fifth edition of the BEEPS firm level dataset covering 2011-2014.
Findings: Our empirical results indicate that the probability of exporting is positively related to both product and process innovations. The marketing and managerial innovations do not seem to affect positively export performance of firms from ECA countries.
Implications & Recommendations: It is recommended to develop innovation supporting mechanisms that would target both product and process innovations rather than other forms of innovation in the ECA countries.
Contribution & Value Added: The originality of this work lies in the use of the multi-country firm level dataset that allows distinguishing between various forms of innovations in the ECA countries. (original abstract)
Research Design & Methods: In our empirical approach we refer to the self-selection hypothesis derived from the Melitz (2003) model which proposed the existence of a positive relationship between firm productivity and the probability of exporting. We argue that innovation activities should be regarded as a key element that can increase the level of firm productivity. We focus our analysis on four forms of innovation activities: product, process, marketing, organizational and managerial innovation. The empirical implementation of our analytical framework is based on the probit model, applied to the fifth edition of the BEEPS firm level dataset covering 2011-2014.
Findings: Our empirical results indicate that the probability of exporting is positively related to both product and process innovations. The marketing and managerial innovations do not seem to affect positively export performance of firms from ECA countries.
Implications & Recommendations: It is recommended to develop innovation supporting mechanisms that would target both product and process innovations rather than other forms of innovation in the ECA countries.
Contribution & Value Added: The originality of this work lies in the use of the multi-country firm level dataset that allows distinguishing between various forms of innovations in the ECA countries. (original abstract)
Słowa kluczowe
Rocznik
Tom
Strony
85--99
Opis fizyczny
Twórcy
autor
- University of Warsaw, Poland
autor
- University of Warsaw, Poland
Bibliografia
- Atkeson, A., & Burstein, A. (2007). Innovation, firm dynamics, and international trade (NBER working paper No. 13326). Cambridge, MA: The National Bureau of Economic Research.
- Becker, S.O., & Egger, P.H. (2013). Endogenous product versus process innovation and a firm's propensity to export. Empirical Economics, 44, 329-354.
- Bernard, A., & Jensen, J.B. (1999). Exceptional export performance: cause, effect, or both? Journal of International Economics, 47, 1-25.
- Brodzicki, T. (2016). Innovation intensity as a driver of firm's internationalization intensity. Evidence for Poland. Ekonomia, Rynek, Gospodarka, Społeczeństwo, 46, 11-43.
- Brodzicki, T., & Ciołek, D. (2016). Determinanty działalności eksportowej polskich firm produkcyjnych. Gospodarka Narodowa, 2(282), 59-76.
- Caldera, A. (2010). Innovation and exporting: evidence from Spanish manufacturing firms. Review of World Economy, 146(4), 657-689.
- Cassiman, B., Golovko, E., & Martínez-Ros, E. (2010). Innovation, exports and productivity. International Journal of Industrial Organization, 28(4), 372-376.
- Cieślik, A., Michałek, J., & Michałek, A. (2012a). Determinanty działalności eksportowej polskich przedsiębiorstw. Gospodarka Narodowa, 7-8(251-252), 67-84.
- Cieślik, A., Michałek, J., & Michałek, A. (2012b). Export activity in Visegrad 4 countries: firm level investigation. Ekonomia, Rynek, Gospodarka, Społeczeństwo, 30, 6-22.
- Cieślik, A., Michałek, J., & Michałek, A. (2014). The influence of firm characteristics and export performance in Central and Eastern Europe: comparisons of Visegrad, Baltic and Caucasus States. Entrepreneurial Business and Economics Review, 2(1), 7-18.
- Cieślik, A., Michałek, J., Michałek, A., & Mycielski, J. (2015). Determinants of export performance: comparison of Central European and Baltic firms. Finance a Uver, 65(3) , 211-229.
- Cieślik, A., & Michałek, J. (2016). Innowacje a działalność eksportowa polskich przedsiębiorstw. International Business and Global Economy, 2(2), 323-337.
- Cieślik, A., Michałek, J., & Szczygielski, K. (2016). Innovations and export performance: firm-level evidence from Poland. Entrepreneurial Business and Economics Review, 4(4), 11-28.
- Constantini, J.A., & Melitz, M.J. (2008). The dynamics of firm-level adjustment to trade liberalization. In E. Helpman, D. Marin & T. Verdier (Eds.), The organization of firms in a global economy (pp. 107 - 141). Cambridge, MA: Harvard University Press.
- Damijan, J.P., Kostevc, C., & Polanec, S. (2010). From innovation to exporting or vice versa? World Economy, 33(3), 374-398.
- Ebling, G., & Janz, N. (1999). Export and innovation activities in the German service sector. Empirical evidence at the firm level (ZEW discussion paper 99-53). Mannheim: Zentrum fur Europäische Wirtschaftsforschung.
- Gkypali, A., Rafailidis, A., & Tsekouras, K. (2015). Innovation and export performance: do young and mature innovative firms differ? Eurasian Business Review, 5(2), 397-415.
- Lachenmaier, S., & Wößmann, L.W. (2006). Does innovation cause exports? Evidence from exogenous innovation impulses and obstacles using German micro data. Oxford Economic Papers, 58(2), 317-350.
- Mairesse, J., & Mohnen, P. (2010). Using innovation surveys for econometric analysis. In B.H. Hall & N. Rosenberg (Eds.), Economics of Innovations (vol. 2, ch. 26.). Amsterdam: North-Holland.
- Melitz, M.J. (2003). The impact of trade on intra-industry reallocations and aggregate industry productivity. Econometrica, 71(6), 1695-1725.
- Roper, S., & Love, J.H. (2002). Innovation and export performance: evidence from the UK and German manufacturing plants. Research Policy, 31(7), 1087-1102.
- Van Beveren, I., & Vandenbussche, H. (2010). Product and process innovation and firms' decision to export. Journal of Economic Policy Reform, 13(1), 3-24.
- Wagner, J. (2007). Exports and productivity: a survey of the evidence from firm-level data. World Economy, 30(1), 60-82.
- Wagner, J. (2012). International trade and firm performance: a survey of empirical studies since 2006. Review of World Economy, 148, 235-267.
- Wakelin, K. (1998). Innovation and export behaviour at the firm level. Research Policy, 26(7-8), 829-41.
Typ dokumentu
Bibliografia
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